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The 4 C's of a Successful Spend Assessment Project

Tips for leveraging the data across the organization and aligning with stakeholders

Examples of ongoing efforts to support and maintain data for long-term success

Spend data analysis provides a clear view of the opportunities for organisations to succeed. Yet for a variety of reasons the spend data never gets captured or reflected accurately. Achieving clean spend data and highlighting it across the organization will almost always trigger a call to action, or a series of actions, that can lead to positive outcomes for procurement and the broader organization.

In this webinar experts discuss the important elements, methods and ways to understand the spend data, leverage it across the organisation and achieve long-term success.

Analysis paralysis is one of the major reasons that procurement transformations stall before they even get started. Too often, procurement projects and savings goals don’t reach their full potential. A primary reason is a lack of clean spend data to build a successful foundation for the program. And even if the data is clean, most procurement organizations tend to keep its data cards close to the vest, and stakeholders rarely have access to the data to drive better business decisions.

Achieving cleaner spend data and opening that data up to the organization will almost always trigger a call to action, or a series of actions, that can lead to positive outcomes for procurement and the broader organization. Listen to this webinar to learn:

Methods for overcoming ineffective spend data

Ways to provide better visibility into the data

Tips for leveraging the data across the organization and aligning with stakeholders

Examples of ongoing efforts to support and maintain the data for long-term success